CONSOLIDATED CHARITIES

Registered charity 240445 · accounts filings on the Charity Commission register · also known as BRADFIELD PAROCHIAL CHARITY

The charity provides 4 houses to needy individuals in Bradfield, Berkshire

Causes: Accommodation/housing · Get email alerts

Latest income
£25k
Latest spending
£9k
Registered
1965
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a positive cashflow of £8k and an operating surplus of £16,212 for the year ended 31 December 2024. However, net assets remain negative at £51,235, a position attributed to significant renovation costs financed partly by interest-free loans. The trustees note that surplus funds are currently being used to re-establish a prudent cash balance after depleting funds over the previous five years.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £8k; policy: manage income, expenditure and retained funds so that the houses are kept in good order in perpetuity)
The accounts for the year ended 2024 show a positive cashflow of £8k. Surplus funds are being used to re-establish a prudent cash balance having depleted funds in the last five years, after refurbishing of three of the four properties costing £180,000. — page 1
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Loan from Almshouse Association
This essential investment has been financed in part through our reserves and by loans kindly granted by the Almshouse Association, that are interest free and repayable over 10 years. — page 1
A big thank you to those who have supported us through the projects, and particularly to the Bradfield Parish Council for their recent kind donation of £200. — page 1
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donation from Bradfield Parish Council
This essential investment has been financed in part through our reserves and by loans kindly granted by the Almshouse Association, that are interest free and repayable over 10 years. — page 1
A big thank you to those who have supported us through the projects, and particularly to the Bradfield Parish Council for their recent kind donation of £200. — page 1
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: West Berkshire

Income and spending

Financial year endIncomeSpending
31/12/2024£25k£9k
31/12/2023£20k£96k
31/12/2022£17k£65k
31/12/2021£12k£56k
31/12/2020£20k£37k

Common questions

Is CONSOLIDATED CHARITIES financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a positive cashflow of £8k and an operating surplus of £16,212 for the year ended 31 December 2024. However, net assets remain negative at £51,235, a position attributed to significant renovation costs financed partly by interest-free loans. The trustees note that surplus funds are currently being used to re-establish a prudent cash balance after depleting funds over the previous five years. Its FY2024 accounts were independently examined.